Small Business

1371 The Hon. Z.L. BETTISON (Ramsay) (11 September 2019). How many small businesses in South Australia have declared bankruptcy over the last 12 months?

The Hon. D.G. PISONI (Unley—Minister for Innovation and Skills): I have been advised:

According to the Australian Securities and Investments Commission, small business bankruptcies peaked under the state Labor government in 2012-13 with 438 businesses declaring bankruptcy. In 2018-19 the number of small businesses that entered external administration declined by 21 per cent to 347.